Insurable interest is the most recent topic of attention of the Law Commission team responsible for the Consumer Insurance (Disclosure and Representations) Act 2012 and the Insurance Act 2015.
This “double-header” lecture will consider the case for and against abolition of the doctrine of insurable interest, with a particular focus on interests in life assurance.
As a topic, insurable interest continues to be discussed and (occasionally) litigated as new forms of insurance product (and new examples of the perverse incentives insurance can create) arise. Comparable jurisdictions (e.g. Australia) have largely abolished the requirement of an insurable interest without alarm.
Insurable interest may have a significant role to play in establishing the boundary between insurance and other risk-related contracts such as gambling and credit default swaps.
hosted by the BILA Future Insurance Professionals Group, in association with the Lloyd’s Market Association
On 20th July 2015 in the presentation rooms on the 11th floor of the Lloyd’s building, BILA will host an evening presentation on the important topic of insurance subrogation.
The speakers will be Dominic Kendrick QC and Mark Pring, head of Insurance at Addleshaw Goddard, who acted in the recent Court of Appeal decisions on the issue, Rathbone Brothers Plc & Anor v Novae Corporate Underwriting Ltd  EWCA Civ 1464 and Gard Marine & Energy Ltd v China National Chartering Co Ltd  EWCA Civ 16.
BILA is honoured that Lord Justice Aikens has kindly agreed to chair the event and to give an introduction on the topic of subrogation.
On Friday 17th July 2015 insurance antitrust specialist Bill Batchelor, Baker & McKenzie, Brussels, will bring us up to date on current issues in competition law and the insurance industry.
On Friday 19th June 2015 Matthew Getz & Konstantin Bureiko of Debevoise & Plimpton will give a talk on US & EU Santions
On the 20 May 2015 at Lincoln’s Inn BILA is holding one of its extremely popular mock trials. This year we will explore the legal and practical issues that could arise out of the new regime being brought in by the Insurance Act 2015.
As usual we have top barristers involved: participants will include;
- Alistair Schaff QC (7 King’s Bench Walk)
- Harry Wright (7 King’s Bench Walk)
- Derrick Dale QC (Fountain Court Chambers)
- Ben Lynch (Devereux Chambers)
We are honoured by Lord Mance’s kind agreement to preside as the judge. Previous BILA mock trials have proved to be exceptionally popular and are quickly booked out – often with long waiting lists.
The ticket price includes attendance at the mock trial and a canapé reception. Prices are as follows:
£90 BILA members
£150 BILA non-members (this price includes membership of BILA for the remainder of the subscription year).
For the short film that proceeds the mock trial, please go to http://www.1080media.org/Video/BILAMockTrialfinal.mov
Dutch Insurance Law & Practice, Tabitta van Nouhuys & Natalie Vloemans
•Procedural differences between English and Dutch law in areas such as pre-action disclosure/discovery of documents, legal privilege
• Class actions
Finalisation of the Polar Code – the Concerns and Contribution of the Insurance Industry, Michael Kingston, Partner, Marine Trade & Energy Group, DWF
Contractors’ All Risk Insurance: Everything You Need To Know But Were Afraid To Ask, Neil Moody QC
Scandinavian tobacco litigation